Kinsteel Bhd announced consolidated earnings results for the second quarter and six months ended December 31, 2016. For the quarter, the company reported revenue of MYR 73,845,000 compared to MYR 74,299,000 a year ago. Loss before taxation was MYR 10,751,000 compared to MYR 21,964,000 a year ago. Loss after taxation was MYR 10,429,000 compared to MYR 21,976,000 a year ago. Loss after taxation equity holders of the parent was MYR 8,261,000 compared to MYR 16,815,000 a year ago. Total comprehensive expenses attributable to equity holders of the parent was MYR 40,229,000 compared to MYR 16,815,000 a year ago. Loss per basic share – continuing operation was 0.79 sen compared to 1.61 sen a year ago. For the six months, the company reported revenue of MYR 125,244,000 compared to MYR 128,802,000 a year ago. Loss before taxation was MYR 26,222,000 compared to MYR 46,208,000 a year ago. Loss after taxation was MYR 25,576,000 compared to MYR 46,233,000 a year ago. Loss after taxation equity holders of the parent was MYR 19,730,000 compared to MYR 35,319,000 a year ago. Total comprehensive expenses attributable to equity holders of the parent was MYR 62,066,000 compared to MYR 35,319,000 a year ago. Loss per basic share – continuing operation was 1.89 sen compared to 3.39 sen a year ago. Net cash for operating activities was MYR 3,095,000 compared to MYR 28,230,000 a year ago. Purchase of property, plant and equipment was MYR 237,000 compared to MYR 12,000 a year ago.